Johnson & Johnson, Merck lead 14 NJ companies on 2025 Fortune 500 list
The numbers are in.
Fortune.com has released it's yearly rankings of the biggest U.S. companies that made the most money for 2025 — The Fortune 500.
This year, 14 New-Jersey-based businesses made the list.
The digital media outlet survey analyzed data from companies that are incorporated in the U.S., operate in the U.S. and file financial statements with a government agency.
Fortune 500 companies represent two-thirds of the U.S. GDP with $18.8 trillion in revenues, $1.7 trillion in profits and $43 trillion in market value (as of March 28, 2024), and they employ 31 million people worldwide, the report stated.
There are 14 companies headquarted in the Garden State that made the list. Below are their ranks.
No. 42: Johnson and Johnson
No. 67: Merck
No. 81: Prudential Financial
No. 98: Bristol-Myers Squibb
No. 112: PBF Energy
No. 211: Becton Dickinson
No. 213: Cognizant Technology
No. 228: Automatic Data Processing
No. 345: Avis Budget
No. 359: Public Service Enterprise Group
No. 404: Burlington Stores
No. 419: Campbell's
No. 423: Quest Diagnostics
No. 445: Zoetis
Walmart
Amazon
Apple
UnitedHealth Group
Berkshire Hathaway
CVS Health
Exxon Mobil
Alphabet
McKesson
Cencora
This article originally appeared on Asbury Park Press: 2025 Fortune 500: NJ's top corporations revealed
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Kingston Business School is located about 30 minutes from central London and enrolls about 2,500 business students a year. Courtesy photo Some of the skills that I think really resonate right now are things like creative problem-solving, digital competencies, a questioning mindset, and things like resilience and self-awareness. Those are all part of the nine core skills we identified through our research. Kingston's approach is a structured, three phase model for each year of the undergrad experience. In the first year, called the Navigate phase, students reflect on those nine skills and where their strengths and gaps are. It might turn out a student is already strong in critical thinking, but needs to build more confidence in collaboration. That becomes a foundation for their development throughout the rest of the program. The second year is Explore, where they work on projects beyond their own discipline. For example, this year, over 800 students from business, arts, engineering all worked together on interdisciplinary teams to respond to a real business brief. It's a bit like a hackathon, but assessed as part of the curriculum. It's not optional; it's built in. The third year is Apply, where students complete real-world experiences like micro-placements, live projects, or case challenges. We also work with a group called Gradcore to run simulated assessment centers, just like what students would go through in real job application processes here in the UK. It's structured to get them ready for employability, but also ties back to the future skills framework they've been building on since year one. This model has gained traction at the policy level: Our local MP recently brought a motion to Parliament advocating for the Future Skills model to be adopted more broadly across the UK higher education sector. So yes, many universities talk about skills and employability, but I haven't seen this level of strategic implementation before. Structuring the student experience around Navigate, Explore, Apply, that's something tangible. It gives students a clear developmental journey and gives us a language to talk about how our programs are different. In terms of purpose, we want to be a human-centered business school that delivers future skills and truly walks the talk for a progressive society. We aim to shape businesses through people and knowledge. This human-centered approach runs through everything. Our curriculum already integrates future skills, and now we want to align our research around that same ethos. For example, in our future-of-work research cluster, we're looking at behavioral insights and how employers and employees interact. Even in traditionally technical areas like economics, we're asking: can we explore the behavioral side? In marketing, how do consumer behaviors reflect deeper societal trends? The question we keep asking is: where does the human add value? That's the identity I'd like us to build: A business school that doesn't just equip students with technical knowledge but also prepares them to think critically and act responsibly. One that I think has huge potential is our , Behavioural Research Analytics in Neurotechnological Systems. While many universities have similar labs, they're often used primarily from a psychology perspective. What's great here is that we're integrating it into business-focused research and teaching. The lab is equipped with tools like eye-tracking and monitoring equipment to study human decision-making. For instance, you can run simulations like a financial market crash scenario and study how people make decisions under stress. You can analyze sentiment, track attention, and evaluate reactions in real time. There's also a team collaboration room that allows you to observe and study how people interact and work together in group settings. So whether it's for marketing research, financial behavior, or workplace team dynamics, it offers a wide range of business-relevant use cases. I really see this as one of Kingston's best-kept secrets, a resource we need to spotlight and scale up. Our current MBA program is undergoing a complete overhaul, and that's one of the key places where the human-centric philosophy is really taking shape. The MBA is an important offering for us both for talent development and for those already in business who want to upskill. Kingston had strong recognition for its MBA in the past, but it's a very crowded market now. So we asked ourselves: how can Kingston's MBA stand out? Sankar Sivarajah: 'We want graduates to be future-focused and open-minded, people who can navigate complexity and misinformation and still move society forward' We've centered the redesign around three key themes: digital intelligence, human value, and sustainability. One of the new features we're excited about is a leadership component called the 'MBA X.' It's designed to help students build confidence and presence. We leverage Kingston's strength in the arts and use creative spaces like a media studio where students can record podcasts, deliver presentations, and really learn to project themselves with authenticity. It's about helping them bring their unique 'X factor' into leadership. We're also embedding leadership development and coaching throughout the program in our 'The Kingston Impact: Leadership and Personal Growth' module. Currently, the MBA is offered full-time on campus, but we've just had the business case approved for launching an online version potentially in September 2026. Through my experience running an FT-ranked online MBA at Bradford, I know how saturated that space is. But I think there's a real opportunity for Kingston to stand out by leaning into our human-centric approach. Our MSc in International Business remains a flagship, as it does in many institutions. But we're also launching new programs in areas like Digital Marketing and Business Analytics. We are working on developing a new program in AI for Business with a clear emphasis on the human good and responsible application, which will set it apart. One final standout is our MSc in Occupational and Business Psychology. It's accredited by the British Psychological Society (BPS), and it bridges social science and business in a meaningful way. That's quite rare in UK business schools, and it naturally supports the human-centered identity we're building. Our current mix is about 70% regional, 30% international. In the current climate where UK higher education is facing challenges with international student numbers, we're in a stronger position than many other institutions. That said, our postgraduate programs are where we see most of our international enrollment. We have a strong contingent from South Asia, and we also receive European students through our partnership with BI Norwegian Business School. Our MBA in particular has seen a big uptick in international interest. In the current MBA cohort, out of 35 students, 70% were from South Asia. But here's the surprising part: the second-largest group was from the United States. When I asked them why they chose Kingston, many mentioned wanting the UK and London experience. But they also did their research. A lot of the decision came down to word-of-mouth recommendations, which was encouraging to hear. So while we continue to serve a strong regional student base, especially at the undergraduate level, we're definitely building momentum internationally, particularly in our postgraduate and MBA offerings. At the institutional level, Kingston has a broader strategy for embedding AI across teaching and assessment. But within the business school specifically, we've developed a structured approach to how AI is integrated both in terms of policy and practice. We're using a three-level framework to guide how AI can be used in assessments: Level 1, AI not allowed. For example, live presentations where students must demonstrate their own thinking. Level 2, AI-assisted work is allowed. Students might use ChatGPT or Grammarly but must disclose it. Level 3, AI use is required. Students may have to build models or chatbots as part of the brief. This tiered model helps us stay consistent and intentional. It gives faculty the tools to design assignments that either exclude, allow, or mandate AI use, depending on the learning objectives. And because it's embedded into modules across subjects, we're able to build students' digital fluency in a clear and structured way. So it's not just about offering one AI course or launching a degree; We're taking a much broader, integrated approach that aligns with our human-centered philosophy. We're asking: how can AI augment learning while still developing the critical thinking, creativity, and ethical awareness that make human contributions valuable? On top of that, we're also developing a new program specifically designed to build AI skills for non-technical learners, particularly for future business leaders. It's still in the design phase, but the idea is to help students and professionals who don't have a technical background understand how to engage with AI in a responsible, ethical, and strategic way. I think one of the biggest is staying relevant in such an uncertain and fast-changing environment. The more I reflect on it, and the more I attend conferences and conversations across the business school space, the more it becomes clear that we need to constantly redefine what our value add is. Today's learners, especially Gen Z and the upcoming Gen Alpha, are different. They've been exposed to vast amounts of information, screen time, and digital tools from an early age. So, when they come into the classroom, it's not enough to just deliver knowledge. They've already encountered much of it, or at least the surface of it, online. So we have to ask ourselves: What is the real value of coming to a business school? For me, it's about depth. It's about knowledge creation, critical thinking, intellectual debate, and the human touch – the philosophical and behavioral side of business. That's where our strength lies: in helping students question, evaluate, and apply knowledge with purpose. Especially with the rise of AI, we need to ensure that students still understand the fundamentals. You need the depth to be able to assess whether AI is giving you the right answer. You can't do that without understanding the foundation behind it. But we also have to keep pace with how businesses are operating right now. That's the real tension: staying academically rigorous while also remaining industry-relevant. Businesses are using tools and technologies at a pace that's hard to match in education, and we have to make sure our teaching and our programs reflect that. For example, in one of our Future Skills surveys, we asked businesses whether they thought graduates were fit for roles involving AI. Fewer than 30% said yes. That's a clear signal. One thing that stands out to me is the increasing role of geopolitics and how that intersects with business education. More and more, we're having to think about how political and cultural shifts affect not only what we teach but how we build partnerships and engage with students. Things like equity, diversity, inclusion, all of those are critically important. But they can also become very personal, very emotive topics. So I think a key challenge for business education, and for Kingston specifically, is how we help students navigate that complexity. How do we equip them to operate in global business environments where diplomacy, relationship-building, and cross-cultural understanding are essential? How do you hold onto your values while still learning how to engage constructively in partnerships, even with people or entities you might disagree with? That's something we need to continue reflecting on as educators: how to keep students ready for the world as it is, not just the world as we wish it would be. One more thing I think is really important is the role of place. Business schools shouldn't operate in a bubble, and one thing I learned from my previous role was how deeply a school can engage with its local community. At Bradford, for example, it's a city with high levels of deprivation, very different from London. We did programs to support social mobility, rehabilitation projects for prisoners, support for Ukrainian refugees, and training initiatives for people who had never had access to higher education. We worked with local government and played a role in the city's cultural and economic development. Now at Kingston, the context is different, but the responsibility is the same. Kingston is known as a safe and prosperous borough in London. We have Richmond Park and Wimbledon Common right next to us. But even here, we have students who come from less privileged backgrounds. Just because it's a wealthy area doesn't mean every student has had the same opportunities. We're already working with large organizations – Unilever's headquarters is here, for example – but the question is, how do we make sure all of our students, regardless of background, have access to those opportunities? We're partnering with the local council, the Kingston Chamber of Commerce, running Future of Work summits, mock assessments, and leadership events—not as optional extras, but as built-in parts of the student experience. We want our students to be the first choice, not the insurance choice. That means developing their skills, yes, but also giving them high-value experiences and networks. And by doing that, we also give back to our community. That's how I think business schools should operate: Not just as institutions of learning, but as civic partners helping shape the places they're in. DON'T MISS: LONDON BUSINESS SCHOOL DEAN SERGEI GURIEV AND IVEY DEAN JULIAN BIRKINSHAW HAS GLOBAL AMBITIONS FOR ELITE CANADIAN B-SCHOOL The post The P&Q Interview: Kingston's Human-Centered, Future-Skills Approach To Business appeared first on Poets&Quants. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
